MANILA, May 14 (Reuters) - Three months ending March 31,
2009.
(in million pesos unless stated)
Net income 653 vs 655
Revenue (billion) 44.27 vs 43.64
Note: Manila Electric Co (Meralco) (MER.PS) is the
Philippines' largest power retailer. The company said its
energy sales fell 1.4 percent in the first quarter from a year
earlier.
Food and beverage giant San Miguel Corp (SMC.PS) owns 43
percent of Meralco, nearly the same as the stake held by a
group of companies allied to the Philippine Long Distance
Telephone Co (TEL.PS) and power conglomerate First Philippine
Holdings Corp (FPH.PS).
($1 = 47.7 pesos)
(Reporting by Rosemarie Francisco)
